The specialised M&A advisory for IT and internet companies, eventurecat, has advised the managers and shareholders of FRIENDSHIP SYSTEMS AG in an asset deal with the DNV GL Group, one of the three biggest ship and offshore classification societies in the world.

As part of the M&A deal supported by eventurecat, all assets and employees of the DNV GL Group’s CAESES Division have been taken over by FRIENDSHIP SYSTEMS AG. As a part of the management buyout, FRIENDSHIP SYSTEMS AG takes over the software product CAESES® which is widely used within the maritime sector. It is a widespread industry standard for the optimisation of hulls, ship propellers and turbo-machinery including pumps and turbochargers within the maritime sector.

Thomas Schröter, Managing Director of eventurecat GmbH and Chairman of the Board of the IT sector association SIBB e.V., has been appointed as Member of the Supervisory Board of FRIENDSHIP SYSTEMS AG, together with lawyer Kerstin Anker (Chairman of the Supervisory Board) and Prof. Dr. Moustafa Abdel-Maksoud. The Board of Directors of the new company is represented by Claus Abt and Dr. Stefan Harries.

“We have already positioned ourselves very successfully within the maritime sector. That allows us to now establish ourselves in the automotive sector, in turbo-machinery production and in the energy sector as well as a part of our growth strategy,” says Dr. Stefan Harries, Managing Director of FRIENDSHIP SYSTEMS AG.